Lyon House, Dublin Industrial Estate, Glasnevin, Dublin 11- SOLD

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Lyon House, Dublin Industrial Estate, Glasnevin, Dublin 11- SOLD

Location: Dublin 11
Size: 685 sq.m

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COMMERCIAL INVESTMENT

  • Investment Property (Fully-Let) – Current Income 95,820pa rising to 100,620pa in 2022.
  • Easily Managed Property
  • Convenient to Dublin City Centre, M50, M1, Northern Cross, N3
  • Development Potential

LOCATION                                                                     

Dublin Industrial Estate is located approximately 4kms north of Dublin City Centre and 4km south of the M50 Motorway, between the suburbs of Finglas and Phibsboro.  The subject property is located in the centre of Dublin Industrial Estate, at the junction of Nore Road and Barrow Road.

ACCESS

Access to the estate is provided via the Finglas Road to the east, Ballyboggan Road to the north and Ratoath Road to the west.  The location also benefits from its proximity to Broombridge train station to the west of the estate.

THE SITE

The site is rectangular in shape and extends to an area of approximately 0.18ha 0.45acre.  There are frontages to Nore Road (approximately 65 metres and to Barrow Road (approximately 23 metres).

This well- maintained site is laid out to provide a central detached two storey commercial building with a surrounding area for circulation and car parking spaces.

DEVELOPMENT POTENTIAL

Subject to planning permission, the property can be further developed to the rear at ground and first floor levels, with potential at third floor or redevelopment of the entire.

DESCRIPTION

The building is of concrete frame construction with block infill walls, supporting a flat concrete roof.  The front façade has insulated cladding which incorporates double glazed UPVC-framed opening windows.

 SIX UNITS

The building is divided into six fully occupied self-contained commercial units.  The reception area and access to the first floor is located towards the centre of the ground floor.

Title:                     Freehold

 VAT:                      We understand that there is no VAT liability with the sale price.

BER RATINGS:      Ber B2, C2 C3